5 Cheapest Cars In Malaysia That You Can Buy In 2023

Malaysians have the privilege of owning a car at a relatively affordable price thanks to the fact that the country has its own automotive brands, namely Proton and Perodua. In fact, we are one of the few countries in SouthEast Asia to produce our own national cars.  

As most of the development of the vehicles are based locally including procurement of materials and employment of workers, the costs of making the cars can be kept to a minimum. This, in turn, means that the pricing of the car is lower as well. 

While public transportation is available in city centres, cars are still many Malaysians’ favourite way of getting around. According to a news report, there were 15.75 million registered cars on the roads nationwide in 2021. A study also found that Malaysia recorded an average of two cars per household in 2017. 

 If you’re looking to buy a car whether as a new driver or as a supplementary vehicle for your household, here are the 5 cheapest cars that you can consider in Malaysia in 2023. 

#1 Perodua Axia 1.0L E – RM22,000 

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The Perodua Axia models have always been popular among Malaysians because they usually come with pricings that are friendly to the pocket. When the new Perodua Axia E was launched this year at RM22,000, it created quite a buzz as it came with a pricing that is significantly lower than that of its already affordable predecessors, Perodua Axia 1.0L X and Axia 1.0L G which retailed at RM40,000 and RM38,600 respectively – making it one of the cheapest cars you can get in the country.  

With great affordability and compact size, the Perodua Axia E could be a nice addition to your household for running errands, making school trips or if you’re a student driving around your campus. The car offers a 1KR-VE VVT-i engine with 91 nm of maximum torque. Plus, the compact car has a pretty good fuel efficiency of 22.5km/l when it’s in ECE mode, helping you save on fuel and is equipped with a fuel tank capacity of 33 litres. The Perodua Axia E also offers a luggage capacity of 260 kg and 2 front safety airbags.  

For a beginner driver, you might even find comfort in choosing this car as your first because it is usually the car model that driving schools use – so a sense of familiarity is already formed. 

#2 Perodua Bezza 1.0 Standard G Manual – RM34,580 

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Now, if you want a car with a little bit more passenger space, consider the Perodua Bezza 1.0 Standard G Manual. With a 1KR-VE VVT-i engine and with 91 nm, this base Bezza model has a decent fuel consumption of 22.8 km/l with eco driving luggage capacity of 508 kg.  

Aside from more room, it’s equipped with features like dual SRS airbags for driver and passenger, anti-lock braking system (ABS), multi-info display, audio system with USB and bluetooth connectivity, as well as 2 front speakers which you can blast on those road trips.   

#3 Proton Saga 1.3L Standard MT – RM34,800 

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The Proton Saga sedan would always have a special place in many Malaysians’ hearts. It is after all the first car ever produced locally in Malaysia, forging the country’s first step into the challenging automotive industry.  

With a price tag that is still affordable at RM34,800 (the first Saga was priced at RM18,000), the five-speed manual transmission Proton Saga 1.3L Standard MT features a 4-cylinder VVT engine with 120 nm.      

Fuel capacity is listed as 40 litres and the sedan comes with features such as bluetooth connectivity, 2 front SRS airbags, ABS, brake assist, keyless remote, and LCD segmented multi-info display. 

#4 Proton Iriz 1.3L Standard CVT – RM42,800 

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Proton Iriz is the only hatchback car from its brand and was launched to cater to the demands of drivers who want a sporty, modern-looking vehicle. Striking a good balance, its compact size allows drivers to manoeuvre city roads easily while still offering decent passenger space.  

Proton Iriz 1.3L Standard CVT has a 4-cylinder VVT engine with 120 nm. For a higher price, the Proton Iriz 1.3L has a more complete set of safety features including Electronic Stability Control (ESC) that is vital in helping drivers maintain control of their vehicle in emergency situations. Other notable features include 4 front and side SRS airbags, traction control system, and hill hold assist. 

#5 Perodua Myvi 1.3L G (Without PSDA) – RM46,500 

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Perodua Myvi has become one of the most well-known cars in Malaysia ever since its launch in 2005. Before that, sedans were dominating the market but the arrival of the Perodua Myvi hatchback sparked a huge interest in the novel design. Perhaps it filled a gap in the market at the time as something in between a sedan and compact car that is easy to drive and still has enough space in the back for comfort. 

The popularity of Perodua Myvi was so much so that during certain launches, buyers would have to book the car in advance due to great demand.  

At RM46,500, the Perodua Myvi 1.3L G comes equipped with a D-CVT transmission and Dual VVT-i engine with 121 nm. Perodua Myvi 1.3L G owners will get features such as LED headlamps, Vehicle Stability Control (VSC), Hill Start Assist, smart entry, eco idle stop system, auto-lock and unlocking door, and four front as well as side airbags.   

Read Also: Cheapest Cars That You Can Buy In Singapore 

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